- When a resident VAT payer receives electronic services from a non-resident, they must accrue VAT liabilities and issue a tax invoice based on the “first event” rule.
- If the first event is an advance payment for e-services, VAT liabilities and the tax invoice must be recorded on the date the funds are debited from the resident’s account.
- This applies whether payment is made through a bank or a non-bank payment service provider.
- The procedure follows the requirements of Article 187.8 of the Tax Code of Ukraine.
Source: news.dtkt.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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